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EXIN Management of Risk Foundation Sample Questions:

1. Which is a goal of the 'plan' process step?

A) Choose appropriate actions to deal with risks
B) Set the risk tolerance of an activity
C) Agree the timing of the risk communications plan
D) Understand an activity's pre-response risk exposure

2. What is the difference between a risk and an issue?

A) A risk can impact on all activities, an issue impacts on project deliverables only
B) A risk has a negative impact on objectives, an issue has a positive impact on objectives
C) A risk is impacting objectives now, an issue may have an impact on objectives
D) A risk may have an impact on objectives, an issue is impacting objectives now

3. Which BEST describes an area of uncertainty at the programme perspective?

A) Availability of skills to deliver services to new and existing customers
B) Legislation that affects core business activities
C) Schedule of business products to time and cost
D) Implementing new business practices across organizational boundaries

4. What are the M_o_R principles informed by?

A) Corporate governance principles
B) Statement of internal control
C) Basel II
D) M_o_R approach

5. Which describes the cause of a risk?

A) Risk remaining after implementing a risk response
B) Likelihood of the risk occurring
C) Potential trigger point for a risk
D) Impact of the risk on an activity

Solutions: